this week a lot of holidays, mean low liquidity, so i do not recommend to open any trades as you may face spikes or creep movement or swaps moreover gold in fading uptrend, momentum indicate reversal signal so waiting for momentum otherwise uptrend break and sell
11715 is a key point that can be a support to push up the EGX30 toward 12400, if this level breaks we can see next support level 11400 and 11120 keep watching tomorrow if level resist you can go for long keep in mind that COMI (CIB bank) now may go down to 50 levels and this will give pressure on EGYX30
BUY RMDA 44%earning increment first target then second shown in chart
With drop on earning by 73%, I would expect that OSBC will drop to drown level on above chart advice to sell all open position and watch it out to new fallen level best luck to all
BUY BTFH with shown target, as it at very low price, risk is neglectable
neutral until break red down trend line or blue support.. rafa for Investment and Consultancies (known as: Arafa Holding) Concrete Ready Wear Co (90.91%) Clothes Trading
the stock has no volatility as shown in chart as per today reached the top of its horizontal channel, it is highly expected to play within that range.
braking this level and after retest, may lead to 16.75, buying level 16.75
EGX 30 still under pressure sold, this paves the road toward 9700, if this level resist, it may bounce up again, else may see 9500 waiting to reach 9700 level is highly recommended, accordingly we could put our entering plan
COMI or CIB bank at a critical point reaching the upper side of downtrend channel and a resistance at 60.00 EGP watch CIB if break above 61 can reach 68 if can not break current level it will back to 52 level
the idea showing regardless TMGH is financially strong, its stock shall follow the market index
to break out the down trend index should go above 10523